Telecom Expense Management Featured Articles
One of the primary goals for telecom expense management is to enable a clear understanding of employee spending trends, potential cost savings and even opportunities to optimize budgets.
Can you name the top five errors found in your telecom bills over the last six months? If you're not aware of any errors or haven't made the time to try and find them, you're in a similar situation to companies throughout the global market: you don't have a telecom expense management solution or plan in place. As a result, you may be paying for service you don't use or missing errors that are costing your organization money.
When was the last time you reviewed your telecom expenses and compared them against your actual usage? A number of organizations skip this step, trusting that their contracts are in order and simplifying the process by just paying the bills. In doing so, however, they could be missing out on the opportunity to correct errors and avoid overpayments. The savings from these two areas alone are reason to consider telecom expense management.
The large software maker from Germany, SAP, plans to acquire Concur Technologies, an expense management software maker.
One way to keep costs down is to implement a telecom expense management solution, which can help curtail communications costs without compromising on quality.
Examining contracts to make sure that they contain favorable terms is also similar to poring over travel expense reports to make sure money is being spent effectively.